The Development of Green Bond in Developing Countries: Insights from Southeast Asia Market Participants.

IF 2.5 3区 社会学 Q2 DEVELOPMENT STUDIES
Anh Huu Nguyen, Thinh Gia Hoang, Duy Thanh Nguyen, Loan Quynh Thi Nguyen, Duong Thuy Doan
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引用次数: 9

Abstract

Given the increasing importance of green bond as the main funding source for the Sustainable Development Goals, the green bond is an emerging concept in the region of Southeast Asia. In addition, the concurrent Covid-19 pandemic has caused disruption to the development of green bond around the world. This research explores the current development status of the green bond in Southeast Asian countries. A total of thirty-two semi-structured interviews were held with capital market participants in Southeast Asian countries. The results highlight barriers, opportunities, and regulation difficulties, and expected growth for the development of the green bond market. This research is concluded by indicating several propositions that can be tested in the future to generalize the findings from this work. We thus extend the knowledge of green bond in the financial markets of Southeast Asian countries, which also delivers implications for practitioners and policy-makers regarding the development of green bond in Southeast Asian countries.

Abstract Image

绿色债券在发展中国家的发展:来自东南亚市场参与者的见解。
鉴于绿色债券作为可持续发展目标主要资金来源的重要性日益增加,绿色债券在东南亚地区是一个新兴概念。此外,同时发生的新冠肺炎大流行对全球绿色债券的发展造成了干扰。本研究探讨了绿色债券在东南亚国家的发展现状。共对东南亚国家的资本市场参与者进行了32次半结构化访谈。研究结果突出了绿色债券市场发展的障碍、机遇和监管困难以及预期增长。本研究的结论是指出几个命题,可以在未来进行测试,以概括这项工作的发现。因此,我们扩展了东南亚国家金融市场对绿色债券的认识,这也为东南亚国家绿色债券发展的从业者和政策制定者提供了启示。
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来源期刊
CiteScore
5.70
自引率
4.00%
发文量
77
期刊介绍: The European Journal of Development Research (EJDR) redefines and modernises what international development is, recognising the many schools of thought on what human development constitutes. It encourages debate between competing approaches to understanding global development and international social development. The journal is multidisciplinary and welcomes papers that are rooted in any mixture of fields including (but not limited to): development studies, international studies, social policy, sociology, politics, economics, anthropology, education, sustainability, business and management. EJDR explicitly links with development studies, being hosted by European Association of Development Institutes (EADI) and its various initiatives. As a double-blind peer-reviewed academic journal, we particularly welcome submissions that improve our conceptual understanding of international development processes, or submissions that propose policy and developmental tools by analysing empirical evidence, whether qualitative, quantitative, mixed methods or anecdotal (data use in the journal ranges broadly from narratives and transcripts, through ethnographic and mixed data, to quantitative and survey data). The research methods used in the journal''s articles make explicit the importance of empirical data and the critical interpretation of findings. Authors can use a mixture of theory and data analysis to expand the possibilities for global development. Submissions must be well-grounded in theory and must also indicate how their findings are relevant to development practitioners in the field and/or policy makers. The journal encourages papers which embody the highest quality standards, and which use an innovative approach. We urge authors who contemplate submitting their work to the EJDR to respond to research already published in this journal, as well as complementary journals and books. We take special efforts to include global voices, and notably voices from the global South. Queries about potential submissions to EJDR can be directed to the Editors. EJDR understands development to be an ongoing process that affects all communities, societies, states and regions: We therefore do not have a geographical bias, but wherever possible prospective authors should seek to highlight how their study has relevance to researchers and practitioners studying development in different environments. Although many of the papers we publish examine the challenges for developing countries, we recognize that there are important lessons to be derived from the experiences of regions in the developed world. The EJDR is print-published 6 times a year, in a mix of regular and special theme issues; accepted papers are published on an ongoing basis online. We accept submissions in English and French.
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